ACTIVE

AZOTH Project

Financial year 2025 · closed on 31/12/2025
Net result
25,6 k €
-71.5% YoY
Gross margin
416,4 k €
-21.2% YoY
Equity
321,8 k €
+8.6% YoY
Workforce
3,2 ETP
-22.0% YoY

What does AZOTH Project do?

AZOTH Project is a Private limited company incorporated in 2021. Its registered office is in Chaudfontaine. It employs on average 3,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0773.849.568
Incorporation
14/09/2021
Legal form
Private limited company
Registered office
Rue de Sélys 5
4053 Chaudfontaine · WallonieSee on map
Contributed capital
2 000,00 €
Latest accounts
31/12/2025
Average workforce
3,2 ETP
Joint committees (1)
  • 200
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin416,4 k €528,2 k €376 k €263,2 k €
EBITDA126,6 k €205,3 k €187,9 k €142,8 k €
Operating result53 k €122,8 k €158,9 k €130,4 k €
Net result25,6 k €89,6 k €120,1 k €99,6 k €
Balance sheet
Equity321,8 k €296,3 k €221,7 k €101,6 k €
Total assets863,7 k €841,8 k €456,3 k €251,6 k €
Cash135,6 k €187,6 k €154,5 k €70,4 k €
Debts541,5 k €545,6 k €234,5 k €150 k €
Other
Workforce3,2 ETP4,1 ETP2,5 ETP2,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 3 ended

Active mandates

Azoth Holding

Director · since 31 décembre 2025 · 1032.160.073

Represented by Christophe-Louis Gysembergh

Active
Louis Mohammad GYSEMBERGH

Director · since 23 décembre 2025

Active
Christophe GYSEMBERGH

Director · since 14 septembre 2021 · until 31 décembre 2025

Active
Zahra POURHASHEMI RAHIMI

Director · since 14 septembre 2021 · until 31 décembre 2025

Active

Ended mandates

Christophe GYSEMBERGH

Director · since 14 septembre 2021

Ended
Zahra POURHASHEMI RAHIMI

Director · since 14 septembre 2021

Ended
CHRISTOPHE GYSEMBERGH

Mandate

Ended
At this address

Other companies at this address

CompanyCBE no.
AZOTHActive
0753.716.724
Azoth HoldingActive
1032.160.073
GSL RACINGActive
0754.753.634
Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202314/09/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months16 months
Filing date30/06/202609/07/202513/06/202420/07/2023
General meeting25/06/202626/06/202503/06/202430/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202630/06/2026FrenchPDF
Abridged model31/12/202426/06/202509/07/2025FrenchPDF
Abridged model31/12/202303/06/202413/06/2024FrenchPDF
Abridged model31/12/202230/06/202320/07/2023FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 3 ended

Active mandates

Azoth Holding

Director · since 31 décembre 2025 · 1032.160.073

Represented by Christophe-Louis Gysembergh

Active
Louis Mohammad GYSEMBERGH

Director · since 23 décembre 2025

Active
Christophe GYSEMBERGH

Director · since 14 septembre 2021 · until 31 décembre 2025

Active
Zahra POURHASHEMI RAHIMI

Director · since 14 septembre 2021 · until 31 décembre 2025

Active

Ended mandates

Christophe GYSEMBERGH

Director · since 14 septembre 2021

Ended
Zahra POURHASHEMI RAHIMI

Director · since 14 septembre 2021

Ended
CHRISTOPHE GYSEMBERGH

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/04/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/12/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Other16/09/2021
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202525,6 k €
  2. 2024
    Annual accounts 202489,6 k €
  3. 2023
    Annual accounts 2023120,1 k €
  4. 2022
    Annual accounts 202299,6 k €
  5. 14/09/2021
    IncorporationPrivate limited company